Electric Cars: the Orient and the Occident
China is looking ahead and thinking electric. The Chinese government recently announced the release of $15 billion in a “Manhattan-style” venture to support electric vehicle (EV) research, standardization and development as part of its five-year plan and to meet its seemingly unattainable objective of introducing 500 000 “clean” vehicles per year by 2011.
Europe faces up to China's EV dominance as carbon-zero targets loom
As Xi travels through EU this week, automakers weigh whether to fight or team up with cheaper Chinese rivals.
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